Accounting Today

Do SALT workarounds benefit micro-business owners?

The 2017 Tax Cuts and Jobs Act fundamentally reshaped the federal tax landscape. One of its most controversial provisions was the imposition of a $10,000 cap on the deductibility of state and local ...
Business Insider

ContextLogic Completes $907.5 Million Acquisition of US Salt, Marking Transformation into Business Ownership Platform

OAKLAND, Calif., Feb. 26, 2026 (GLOBE NEWSWIRE) -- ContextLogic Holdings Inc. (OTCQB: LOGC) (“ContextLogic,” the “Company,” “we” or “our”) today announced the successful completion of its acquisition ...
Seeking Alpha

ContextLogic to Acquire US Salt from Emerald Lake in $907.5 Million Transaction, Creating New Business Ownership Platform in Partnership with Abrams Capital and BC Partners Credit

OAKLAND, Calif., Dec. 08, 2025 (GLOBE NEWSWIRE) -- ContextLogic Holdings Inc.,, (“ContextLogic” or the “Company”) today announced that it has agreed to acquire US Salt Parent Holdings, LLC and its ...
app.com

She found a business floating in the ocean: How Asbury Park Sea Salt was born

Danielle Hickson left her corporate job to create Asbury Park Sea Salt, a gourmet sea salt harvested from Asbury Park's ocean water. Hickson collects ocean water, filters and boils it, then dehydrates ...